Marine Exploration Weekly Salvage Report: Over 100 Valuable Artifacts Recovered Including Silver Coins and Diamond Jewelry from 1700s Shipwreck

MIAMI--(BUSINESS WIRE)--Marine Exploration, Inc. (OTCBB: MEXP) weekly salvage report announces recovering over one hundred artifacts from the site of the 1700s wreck.

Marine Exploration President Paul Enright states: "Burt Webber and his crew continue daily operations on a 1700s shipwreck in the Dominican Republic contract area. We are very excited with the numerous one-of-a-kind valuables recovered; especially the silver coins and gold, pearl and diamond jewelry. Over one hundred pieces have been salvaged from this particular site. We feel there is much more to come since Webber's team has covered only one-eighth of this particular shipwreck area. Our operations will continue here indefinitely. We will post pictures of the latest finds to our website in the coming days.”

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Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber, Jr., plan to continue the shipwreck site survey and salvage and anticipates locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.

Prospective investors are cautioned (http://www.sec.gov/cgi-bin/browse-edgar?type=424B3&dateb=&owner= include&count=40&action=getcompany&CIK=0001019654) that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. To see our website, go to http://www.mexp.biz.